Gold prices were volatile on Wednesday as investors assessed the impact of US strikes on Iran and awaited the minutes of the Federal Reserve's latest meeting. This was reported by Qazaqyia.kz citing Reuters.
The US strikes on Iran heightened geopolitical tensions, supporting gold as a safe-haven asset. However, market participants are awaiting the Fed minutes, which could provide clarity on interest rates. The fluctuation in gold prices was driven by these two factors.